Explaining a Deal Step by Step to a Beginner | Live Training

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  • Опубліковано 10 тра 2023
  • Welcome to our latest Real Deal, where we take you on a journey to see how we acquired a great real estate deal. In this episode, we randomly met a subscriber who was a QT worker and had never done a deal before. We decided to invite him to join us to see a house and take the opportunity to teach him the process step-by-step, breaking it down for beginners.
    Join us as we discuss the ins and outs of real estate deals, share tips and tricks for success, and provide valuable insights for anyone looking to get started in the world of real estate investing. Whether you're a seasoned pro or just starting out, this video is a must-watch for anyone interested in real estate.
    Don't forget to subscribe to our channel for more great content and updates on the latest real estate news and trends. Thanks for watching!
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КОМЕНТАРІ • 345

  • @rimaalexanian5563
    @rimaalexanian5563 Рік тому +86

    This is not a good segment , this is crazy unbelievably detailed session all live. NO Fluff !!!!!!!! Thank you Pace ! cnt wait ...

  • @Ryan_Weideman
    @Ryan_Weideman Рік тому +7

    This is why Pace is the man! Handing out nuggets of knowledge.

  • @jalabi99
    @jalabi99 Рік тому +11

    _"You do 10 of these, and you will retire the richest person in your family."_
    That hit so hard!! It's time to start finding sub-to deals. LFG!!!

  • @nicolasbetker9584
    @nicolasbetker9584 Рік тому +25

    Met you on the road in Salt Lake this last weekend, and this continues to be the most valuable content in my feed! Pace, you the man!

    • @williamking5155
      @williamking5155 Рік тому

      I am so ready to partner up with someone from the Pace Team.... Good name Huh ?.... "The Pace Team" I wont even charge for that !

    • @rtuck27
      @rtuck27 Рік тому

      Also in salt lake!!

  • @kp_hoodyheavy4847
    @kp_hoodyheavy4847 Рік тому +25

    This is a phenomenal video, appreciate you taking this time to explain and showing us how you do it. You and your team are so great for so many people

  • @intentionalinfluence3542
    @intentionalinfluence3542 Рік тому +4

    That’s awesome you brought the QT guys over. Well done Pace

  • @ramoncabrera9571
    @ramoncabrera9571 Рік тому +4

    Wow!!! Pace is a freaking genius!!!!

  • @yung_tuber4732
    @yung_tuber4732 Рік тому +15

    Thank you for being a giver Pace! I'm not a sub to student yet...I've always been afraid of subto because of my lack of knowledge in this area. I've watched tons of your videos, this video alone has answered so many of my action-stopping questions. Thank you and to the fan that made this video more than what you were already going to gift us with! Keep prospering fella!

    • @rtuck27
      @rtuck27 Рік тому +2

      It’s time to get into the game! Nothing to be scared of!

  • @ChanelleLockhart
    @ChanelleLockhart Рік тому +3

    The amount of wealthy knowledge being shared here is AMAZING!!

  • @megancloses
    @megancloses Рік тому +9

    This was awesome! I heard Pace on bigger pockets yesterday for the first time and I already have a call with his team set up for tomorrow. Unreal how cool subto and seller finance and hybrid deals are. Thank you for this info!!

    • @ToddieM
      @ToddieM 10 місяців тому

      Where r u today? Three months later?

  • @studiooff2946
    @studiooff2946 Рік тому +2

    bro these cut scenes you guys been using are cracking me up! give your editor a raise :D Great video btw

  • @0000pey
    @0000pey Рік тому +2

    first time watching this videos very helpful I'm struggling to get my own house. That's the best way. Thank you.

  • @theresatokar6897
    @theresatokar6897 10 місяців тому +2

    Pace, you rock! This is one of the best videos that simply explains how and what you do about buying the house!

  • @jordangeddes3498
    @jordangeddes3498 11 місяців тому +4

    This is a *great* video. Thanks Pace and everyone involved!

  • @deanedsall7389
    @deanedsall7389 11 місяців тому +1

    Absolutely taking as much as possible in ! Loving The Wall Drawing Board !

  • @mikejones4200
    @mikejones4200 Рік тому +9

    Huge question- how do you make the seller comfortable with carrying the debt on paper? That will dig into their DTI ratio when they go to purchase another property

    • @aaronbenifield8459
      @aaronbenifield8459 11 місяців тому

      I would say that being that your purchasing a home with a seller in distress is the key point. Once seller is in distress the property going into foreclosure is the issue. Getting the seller out of foreclosure is best part for them plus they can get some money out of a bad situation.

    • @Kati3bee
      @Kati3bee 10 місяців тому

      There are ways to handle that.

    • @JCFundMe
      @JCFundMe 8 місяців тому +1

      You handle that with the contract. When the seller looks to qualify for a new home they send your contract to the lender and they write that off the dti in underwriting. Simple.

  • @deveronhawkins4923
    @deveronhawkins4923 Рік тому +2

    This is ABSOLUTELY the best and most thorough video on the platform. Big fan!

  • @nechamia
    @nechamia Рік тому +2

    This video is such a great example of how your clones have beat you to the punch teaching the world and the next gen of real estate masters. Dude picked up some new pearls but had really solid fundamentals better than most agents ;)

  • @pamwhite6680
    @pamwhite6680 Рік тому +2

    WOWWW! I SO NEEDED THIS training ! only 2 months in and this gave me a better grip on how it works !!!

  • @chlwodud1985
    @chlwodud1985 11 місяців тому +2

    I have to say this is probably the most informative and knowledge based video on youtube. I seen quite a few video like these including Pace's other video but this one.... this one is it!
    Thank you Pace

  • @1stchoiceroofing
    @1stchoiceroofing 4 місяці тому +1

    Love this! Keep up the great work man 🤙🏾

  • @edwinperez9878
    @edwinperez9878 9 місяців тому +1

    I have watched like 18 videos you have and this one is the best one so far. I would be a couple if grand for this!

  • @jarrettvalentine6777
    @jarrettvalentine6777 Рік тому +2

    Digital Gold Pace!!!! Thank you! 🙌

  • @vanillasf
    @vanillasf 4 місяці тому +1

    This is an amazing video. Everything is laid out in simple terms

    • @PaceMorby
      @PaceMorby  4 місяці тому +1

      Thank you! Glad you enjoyed the video

  • @DesirableLibra777
    @DesirableLibra777 2 дні тому +1

    Thank you Pace the end where you explain the numbers and how to UTILIZE are my favorite parts! I get the concept no doubt but learning how to tr*mp is what i desire. May these videos Return 100 fold!

  • @ibeeShop-hv3pn
    @ibeeShop-hv3pn 3 місяці тому

    This is the only video that has answered all of my questions. So thankful i found you pace!!! Thank you God bkess you and your family!🙏

  • @davidakers7756
    @davidakers7756 Рік тому +1

    Pace putting gems out. Can’t stop watching 😮

  • @martinedwards7607
    @martinedwards7607 Рік тому +1

    Pace, you're a flipping genius, bro 🤔 👏🏾

  • @richardmarin2514
    @richardmarin2514 Рік тому +4

    Amazing lessons and valuable coaching Pace breaking down all the options on the wall was great!!!

  • @brianfox3542
    @brianfox3542 9 місяців тому +1

    This is the best video I have seen you do on this.

  • @therealcalebm
    @therealcalebm Рік тому +2

    This is golden content here! 🔥🔥💯💯💯

  • @jayceehall6483
    @jayceehall6483 9 місяців тому +2

    ❤ This video! I mostly appreciate the breakdown in the tax benefit! Thank you, Pace!

    • @PaceMorby
      @PaceMorby  9 місяців тому

      You are so welcome!

  • @Pennconst101
    @Pennconst101 10 місяців тому +1

    This is GOLD!

  • @Jason-Burk
    @Jason-Burk 9 місяців тому +3

    Pace! Dude! This is exactly what I needed to finally make this a priority. Thank you and your team so much for making this for us.

  • @theobis439
    @theobis439 5 місяців тому

    Pace Morby, you are a freaking Rockstar! This video is insane. Thanks dude for sharing your wealth of knowledge with the world. God bless you

  • @joecaruso7008
    @joecaruso7008 3 місяці тому

    First video I've ever seen from you. Amazing demonstration and ability to explain. Thank you!

  • @nickbrocato3310
    @nickbrocato3310 Рік тому +4

    Hey Pace, I have been an investor for 25 years and I love the way you explain things!!! . I am familiar with Straight Line depreciation. My CPA cant find anything on the 7 year depreciation. Can you give me the info from the IRS on where to find it?

  • @DavidGalconnects
    @DavidGalconnects 9 місяців тому +1

    Solid Info! Thank you Pace!!!

  • @tfrost08
    @tfrost08 Рік тому +1

    I FINALLY understand!!! Thank you!!

  • @romi929
    @romi929 Рік тому +3

    Excellent video!! Thank you 🙏🏻

  • @yasserpepen7431
    @yasserpepen7431 11 місяців тому +1

    Great video breakdown. So simplistic!

  • @jasunfrone9158
    @jasunfrone9158 Рік тому +1

    Truly grateful for you Pace!

  • @zzs9753
    @zzs9753 Рік тому +1

    Deserves more than 2k likes tbh.

  • @user-ez3ln5pc8c
    @user-ez3ln5pc8c Рік тому +1

    Insane value in this one video!!! 🔥🔥

  • @lenak.3020
    @lenak.3020 Рік тому +1

    This is incredibly valuable! Thank you so much Pace!

  • @kennethmortonstudios
    @kennethmortonstudios Рік тому +1

    Amazing!!!!!!!!!!!!! I love you man! These are so so great. You answer questions before people ask them.

  • @shashankkaul7747
    @shashankkaul7747 13 днів тому +1

    Wow this is amazing 🙏✌️

  • @idougit901
    @idougit901 Рік тому +2

    I'm going to have to watch this again and take notes. Such a great video.

  • @brandithomas1661
    @brandithomas1661 10 місяців тому +1

    So excited watching your video, you break things down sooo well, yout the man!

  • @chriscarcich7239
    @chriscarcich7239 Рік тому +4

    Wow! Another great video with amazingly valuable content! Thank you for doing these videos, they really help a lot. You're awesome Pace!

  • @TranquilityChronicles
    @TranquilityChronicles Рік тому +1

    OMG this is such a great video!!! it is getting me so excited to subto!!!

  • @thejohnnaccarato
    @thejohnnaccarato 5 місяців тому +1

    This video was phenomenal! The breakdown was next level pace! My wife said you’re the best teacher she has ever seen and I would agree. Sub✌🏻 here I come! Thanks again brother!

    • @PaceMorby
      @PaceMorby  5 місяців тому

      WOW thank YOU! Glad you enjoyed the video

  • @LivingLaVidaD
    @LivingLaVidaD 11 місяців тому +2

    Pace! You are so amazing!! Me and my sister watch you and it is a dream of ours to make deals like this every day. Love the content and knowledge you bring, the way you break it down, respect. The community/network you're building is astounding and is helping so many people. Stay awesome!

  • @bhernicebarlow3289
    @bhernicebarlow3289 Рік тому +1

    Great video! Completely awesome!

  • @henrymena12387
    @henrymena12387 11 місяців тому +1

    This is amazing man will be joining you soon

  • @richardnortham6817
    @richardnortham6817 Рік тому +2

    Thank you for sharing! Loved the breakdown.

  • @kenburgio8070
    @kenburgio8070 Рік тому +1

    Thank you Pace! This is an AMZING VIDEO!!!!! Much Appreciation!

  • @stephenspataro5391
    @stephenspataro5391 3 місяці тому

    Best real estate video ever. Thanks

  • @vwoolford1
    @vwoolford1 Рік тому +1

    Thank you Pace! Continue to be blessed!

  • @zacharywatson6742
    @zacharywatson6742 Рік тому +2

    Love the breakdown Pace! How is Padsplit doing as a management company? Seems like 9 tenants in 1 property could get wild

  • @alankalupa7585
    @alankalupa7585 Рік тому +1

    This is masterpiece video. Very detailed explanation.

  • @mrjuannorris_
    @mrjuannorris_ Рік тому +1

    This is a hell of a great video‼️ Thanks for sharing this

  • @jacobsharp9659
    @jacobsharp9659 Рік тому +1

    Pace! This is fire. Keep dropping huge knowledge bombs bro! 💯🔥

  • @adrianleung12
    @adrianleung12 11 місяців тому

    I just found you last night. I used to listen to Kang but this sounds so much better and sustainable/scalable.

  • @erickflores-9
    @erickflores-9 Рік тому +1

    Brooo this is super great stuff thank younso much pace greatly appreciated man will get into action asap

  • @nandingpanelo
    @nandingpanelo Рік тому +1

    Nice, thanks Pace and community I learn a lot

  • @mehmetidristv
    @mehmetidristv 7 місяців тому

    One of the best explanation on RE crazy good

  • @rochelledivinelitehoward4789
    @rochelledivinelitehoward4789 Рік тому +1

    Great information! Thanks!

  • @yolandamontgomery-fm8gp
    @yolandamontgomery-fm8gp Рік тому

    Woooow!!!! Its Yoli Monty señor Pace!!! GRACIAS!!!

  • @mikeharmon7299
    @mikeharmon7299 Рік тому +1

    I got my llc approval today I am going for my first subto tomorrow

    • @rtuck27
      @rtuck27 Рік тому

      Awesome! Subto student here! Let me know how I can help!

    • @VeronicaGrimes_tc
      @VeronicaGrimes_tc 9 місяців тому

      Hello @mikeharmon7299 How have things been since your last post? Let me know if you need any guidance through the paperwork. I'm a Top Tier TC and also a Subto student. Would love to help you if you need it.

  • @Listen2truth11
    @Listen2truth11 Рік тому +3

    Best explained video I've seen you do. The young man had great questions. Makes me believe I can do this.

    • @PaceMorby
      @PaceMorby  Рік тому +1

      This is a FIRE video

    • @keishawilliams6606
      @keishawilliams6606 10 місяців тому

      ​@PaceMorby thanks for the video.....this gives me hope of being able to be an investor and desperately need to close a deal to join your program.........so since the seller name is only on 1 thing, who gets to wrote off all the benefits you mentioned? Your LLC, estate because I am certain you didn't buy in your personal name. Only 1 house can be homestead under your PN.

    • @keishawilliams6606
      @keishawilliams6606 10 місяців тому

      ​@@PaceMorbyhow do u receive the depreciation benefits? In cash or credit towards what?

  • @raulvargas352
    @raulvargas352 Рік тому +1

    this is gold!!!!

  • @DavidCorrea94
    @DavidCorrea94 Рік тому +1

    This was an amazing video!

  • @lexcampaldini4980
    @lexcampaldini4980 Рік тому +1

    Sheesh. Way better than a college education - Thanks for the breakdown! Super excited to continue to learn from you.

  • @matchlessmaintenanceandmor9509

    Love this stuff

  • @landrichplus
    @landrichplus Рік тому +1

    Thanks Pace, I learn a lot

  • @RianaAnn17
    @RianaAnn17 4 місяці тому +1

    This video is amazingly detailed and extremely helpful! Thanks Pace! I thank Jesus for your life!

    • @PaceMorby
      @PaceMorby  4 місяці тому

      Thank you! 🙏🏼

  • @waynewintermute3869
    @waynewintermute3869 Рік тому +1

    Great information! Pace is on pace!

  • @BarDav88
    @BarDav88 Рік тому

    Amazing!

  • @Only1Incognito
    @Only1Incognito Рік тому +3

    SO MUCH GAME !

  • @derekwhitten6817
    @derekwhitten6817 Рік тому +1

    great video pace 🎉

  • @giggitygiggity8845
    @giggitygiggity8845 Рік тому +1

    Awesome video Pace. Learned a lot and sure the guy came out of this video better off. Awesome how he doesn't even care about his wife calling him. Lol 😂

  • @archivaldoguzman8316
    @archivaldoguzman8316 Рік тому +1

    These is awesome pace. Appreciate you man.

  • @harrydhaliwal2461
    @harrydhaliwal2461 Рік тому +1

    Great video!!!!!!

  • @thomasedible7419
    @thomasedible7419 Рік тому

    Best video ever❤❤❤

  • @benny123259
    @benny123259 4 місяці тому +1

    Pace I’m all ears bro and broke but learning from the best like you and Jerry Norton 🎉. I’m going to start this grind with expired home sales

    • @PaceMorby
      @PaceMorby  4 місяці тому

      Love this Benny! You got this🤝🏼

  • @brownj83
    @brownj83 Рік тому +1

    Awesome video!

  • @thestabilizer9478
    @thestabilizer9478 10 місяців тому

    Pace, you're a true blessings. Thank you and God bless you and your family

  • @anthonykence9954
    @anthonykence9954 Рік тому +1

    The deal he did is brilliant

  • @Adventurexoutdoors
    @Adventurexoutdoors Рік тому +2

    Love the content. Iv learned so much from your stuff. In the process now of getting my foundation's in place. Keep up the kick ass content man!

  • @mikeison7649
    @mikeison7649 Рік тому +1

    Great video!!

  • @johntayloriii1541
    @johntayloriii1541 Рік тому +2

    Pace you are the real deal. Thank you so for all of the information you share. #futuresub✌🏾student

  • @ianmcveigh1754
    @ianmcveigh1754 Рік тому +2

    Great video Pace

  • @ZayneTaber
    @ZayneTaber Рік тому

    Dang I love this!

  • @palmightymusic1365
    @palmightymusic1365 Рік тому +1

    It’s a great video 🙏🏽🌟

  • @yourpathwaytohealth9494
    @yourpathwaytohealth9494 Рік тому +1

    Great video breaking this down!

  • @ilfumattiapascal91
    @ilfumattiapascal91 9 місяців тому +1

    GOLD!

  • @pyrochickhop8339
    @pyrochickhop8339 Рік тому +1

    One of the BEST

  • @marcusjaghammar8531
    @marcusjaghammar8531 Рік тому

    Great Video!

  • @chrishuxtable128
    @chrishuxtable128 Рік тому +1

    Can't wait to see the break down on padsplit. I actually have been running my own pad splits through my rental arbitrage and now my own home here in Chicago for the past 7 years.